Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1887-03-04
ON CHANGE.
Spot Cotton Unchanged-Futures Ir.
regular, from One Point Lower TO
One Point Higher Money Easy.
Wheat Opened Firm, Fluctuated Narrowly
and closed H!8her-Liyc Stock
Transactions Brisk.


u
FORT WORTH. lex, March :, Ieo7. !
Trade WAS simply booming to-day, the
activity reaching all lines.
Butter has advanced and good quality
is in demand.
Cabbage in bulk has advanced DC.
Eggs are in demand at S(q9c.
Stocks of bananas are very light.
Apples are scarce and high.
Chickens and turkeys are slow.
THE STATE OF TRADE.
Out of twenty-five cities reported by
telegraph to Bradstreet's, Chicago and
Kansas City alone annoul ce special gains
in the volume Of staples distributed du;-
irg the week. New York, Pittsburg, ST.
Louis and Dallas, Tex, report some i'm
prOvement, while at Boston, Cleveland,
San Francisco, Nashville, Evansville,
Milwaukee and Galveston, no special
change is noted. General trade has
experienced check at Philadel-
phia, Columbus, Ohio, Cincinnati,
Louisville, Omaha, Burlington, Min
neapolis, st. Paul and New Orleans,
snd at other points, owing to rain and
snow storms and continued bad condi-
ton of country roads, and as well as
cities previously named, because of the
Intervention of holiday. The Industrial
situation is rather better, the average
number of employees striking with ten
days having dropped of one half as com
pared with month prior thereto. 1t is
probable that Bradstreet's report of labor
disturbances for two months will record
over 100, 900 strikers in lS87, against 49,
coo in 1886.
Bank clearings at thirty-six cities,
specially wired to Bradstreet's, aggre-
gate 1878, 1852, 99l for the week ended yes
terday, against 1876, 726,2G2 last week,
and S8l3, 75S, O40 in the like week Of 1856,
decline of about Sl03, 900 900 on the
week, materially less than may peascribed
TO the loss of one days business. As
compared with the week a year ago five
days there is q gain of $50, 000 900, or
about per cent. Leading domestic
money markets are rather more
active than last week, and Chicago
mas been drawing on New York for funds.
Owing to interruption to the country
trade west, southwest and northwest,
mercantile collections have been greatly
curtailed The demand on local bankers
at several of the more important dis
tribu.ing centers is noted in changing
rates for exchange on New York. The
gross earnings of 100 railways, being half
the total mileage of the country, were
S24 400, 900 in January, against S2G, 0G5,
600 in January, 1856, gain of 81, 900.
The New York stock market has been
dull until the last days of the week, when
it became fairly active with an advancing
endency. The more peaceful outlook in
Europe and a better feeling in foreign
markets, with considerable improvement
in railroad earnings and fsvora-
BILE prospects, lend bullish
tone Transactions 70. the week
were l,257,9l7 shares, against ,329,-
PSI shares last week and l,S92, 49, shares
for the corresponding week in 1886.
Bonds and investments are dull, with
some activity in the more speculative
issues. Sales for the week S7,236, 900
against SG,2S5, 900 las week and s., 1885,
OC0 in the corresponding week in 1886.
Foreign exchange was high in first part
of the week, but il mas since been lower
and dull.
Wheat suffered another reaction during
the week, which declining Yisible stocks
and quantity aflOat failed to check. Spec
ulative circles were again demoralized;
weak longs let go, and prices declined
port buying at lowest figures, east and
west, advanced quotations again. the
close Yesterday at New York being 50
cents against 904 cents week ago. Brad
/ streets advices are that the Australian
/ colonies will have 1900 short tons of
/ wheat for export. Export demand at San
Francisco is good. Hog products, ex-
| cept mess pork have gone off rapidly
! no I'D
cries of hogs and speculative influences.
| The continued advance of pork al Chicago
| is explained by the fact that large short
! interest is being well squeezed. The ad
vance OF 20(a so points in coffee options
within three days was lost within ten
I minutes yesterday. Baltimore sold heav-
lily. Brazilian receipts are smaller,
but home demand is light. Holders are
firm. Ircu and steel are quiet. Deliver
les of p proceed slowly. Bar has ten
dency 10 advance. There is little likeli-
hood Of an early advance in rail prices as
directors and promoters of railways in
cline to pause before building or extend
ing until the interstate commerce bill is
better understood. Another lot of En-
elish pig iron has been received
at New Orleans this week. The west,
ern demand for cotton goods is active
Decreased stocks of brown and b!eached
sheetiugs inspire great confidence. Prints
are shade easier. Wool manufacturers,
not having a pressure of orders, buy
sparlngly. Wool purchases are of small
er volume and prices favor buyers. There
is some tendency to chespen the quality
of goods manufactured, and there is tall
Of stopping wooden machinery. Spot cot
ton at New York is 1-l6c higher since the
| reduction of local stocks by fire.
, There were l63 failures in the United
States reported to Bradstreet's this week
, against pa last week, 20S year ago
254 two years sgo, 2lS three years egg
and 204 four years ago. Canada had .
, this against So last week. The total Il
/ the United States this year to date i
] PAL, against 230l in 1886, 1851 in 1885
2S41 in 1884 and 2065 in 1883. Canad
nod chic vaar auainst DO last